Globe Textiles (India) Limited Share Price and Company Fundamentals



Price
₹8.45
Change
0.400 (4.969%)
52 week
3.37333 - 19.2

Last traded: Yesterday at 9:59 AM

Globe Textiles (India) Limited manufactures and trades in textile and apparel products in India and internationally. The company offers denim and non-denim fabrics; shirting fabrics, such as printed linens, suiting prints, and dyed shirting fabrics; printed fabrics, including polyester print fabrics, chadri voiles, sarongs, scarfs, polyester dyed fabrics, cotton prints, and cotton dyed fabrics; and jeans for men and women under the Afford, INDIGIRL, and INDIGEN brand names. It also provides yarns; and home textiles consisting of bedsheets, comforters, fitted and flat sheets, curtains, table linens, and fancy cushions, as well as personal protective equipment (PPE) suit, face mask, and t-shirts. The company also exports its products. Globe Textiles (India) Limited was incorporated in 1995 and is based in Ahmedabad, India.

Key Metrics

PE ratio

15.40

PB ratio

2.34

Dividend yield

0.00%

Beta

0.65

Market cap

-

Enterprise value

-

Company profile

Industry / SectorTextile Manufacturing / Consumer Cyclical
Websitehttps://globetextiles.net
Mailing addressPlot No. 38-41, Ahmedabad Apparel Park GIDC Khokhra Ahmedabad 380008 India
Phone / Fax91 79 2293 1881 /

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Globe Textiles (India) Limited paid ₹0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GLOBE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

GLOBE's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Globe Textiles (India) Limited.

NameTitleAgeTotal Pay
Mr. Bhavik Suryakant ParikhChairman & MD49535k
Mr. Bhavin Suryakantbhai ParikhCEO & CFO43
Mr. Faruk Hanifkhan DiwanCompany Sec. & Compliance Officer
Mr. Nilaybhai Jagdishbhai VoraWhole Time Director36714k

Profitability and management effectiveness

Profit margin

1.34%

Operating margin

3.53%

Return on assets

3.58%

Return on equity

11.10%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Globe Textiles (India) Limited is and its enterprise value is .

The GLOBE's stocks Beta value is 0.65 making it 35% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Globe Textiles (India) Limited (NSE:GLOBE) Frequently Asked Questions

1. What is Globe Textiles (India) Limited's Stock Symbol?

Globe Textiles (India) Limited trades on NSE under the ticker symbol "GLOBE".

2. What is Globe Textiles (India) Limited's stock price today?

One share of GLOBE stock can currently be purchased for approximately ₹8.45.

3. How can I contact Globe Textiles (India) Limited?

Globe Textiles (India) Limited's mailing address is Plot No. 38-41, Ahmedabad Apparel Park GIDC Khokhra Ahmedabad 380008 India. The company can be reached via phone at 91 79 2293 1881.

4. What is Globe Textiles (India) Limited's official website?

The official website of Globe Textiles (India) Limited is https://globetextiles.net.